Today's Winners and Losers: Royal Caribbean

Earnings beat analysts' target, and the cruise operator backs its guidance.
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Shares of

Arch Coal

(ACI) - Get Report

were among the

NYSE's

winners Friday, rising 10% after the coal producer posted first-quarter results that were well above expectations.

The company earned $60.7 million, or 84 cents a share, on revenue of $634.6 million. Excluding items, the company posted earnings of $61.7 million, or 85 cents a share. Analysts polled by Thomson First Call expected earnings of 58 cents a share, with revenue of $574.6 million. "We achieved substantially higher sales prices in each of our operating basins, a nearly 300% increase in our average per-ton operating margin, and a solid performance from our mines," Arch said. During the year-earlier quarter, the company earned $6.6 million, or 7 cents a share, on revenue of $600.5 million. Excluding items, year-earlier earnings were $16 million, or 25 cents a share.

Looking ahead, Arch Coal now sees 2006 earnings of $3.75 to $4.25 a share, raising the bottom end of its earlier projection of $3.50 to $4.25 a share. "With the steps we have taken in recent quarters to strengthen and streamline the company, we believe that the stage is set for a multiyear period of upward momentum in margins, earnings and cash flow," Arch said. Analysts project earnings of $3.91 a share. Shares were trading up $10.06 to $94.68.

Getty Images

(GYI)

shares sank 11% after the company's first-quarter earnings and second-quarter profit forecast came in below expectations. The company, supplier of stock photographs and images, earned $39.3 million, or 61 cents a share, in the first quarter. Excluding stock-based compensation costs, the company earned $41.4 million, or 64 cents a share, a penny below Wall Street's target. Revenue totaled $200.9 million, above analysts' expectation of $199.2 million. In last year's first quarter, the company earned $34.1 million, or 54 cents a share, on revenue of $178.1 million.

For the second quarter, Getty projects earnings of 64 cents to 66 cents a share on revenue of $205 million to $210 million. The guidance excludes about 4 cents a share in stock-based compensation costs. Analysts project earnings of 69 cents a share and revenue of $208.4 million. Shares were trading down $8.48 to $67.65.

Shares of

Royal Caribbean Cruises

(RCL) - Get Report

rose 4% after the company posted first-quarter earnings that topped forecasts. The company earned $119.5 million, or 55 cents a share, including a one-time gain of 16 cents a share related to a lawsuit settlement. Analysts expected earnings of 48 cents a share, including the gain. Royal Caribbean posted revenue of $1.15 billion, slightly shy of Wall Street's forecast of $1.17 billion. Last year, the company reported a first-quarter profit of $137.1 million, or 64 cents a share, on revenue of $1.17 billion.

For the second quarter, Royal Caribbean sees earnings of 50 cents to 55 cents a share, which is below analysts' forecast of 73 cents. But for the full year, the company reiterated its earnings guidance of $2.95 to $3.15 a share. Analysts, meanwhile, anticipate earnings of $3.02 a share. The cruise operator's shares were trading up $1.64 to $43.19.

Shares of

Oakley

(OO)

rose 7% after the sunglasses and clothing maker reported better-than-expected first-quarter earnings. Oakley earned $1.9 million, or 3 cents a share, on revenue of $151.7 million. Analysts expected earnings of 2 cents a share and revenue of $153.4 million. During the year-earlier quarter, the company earned $10 million, or 15 cents a share, on revenue of $141.8 million.

Oakley backed its forecast for 2006 earnings of about 68 cents a share on at least 10% revenue growth. Analysts project earnings of 69 cents a share and revenue of $712.9 million. Shares were trading up $1.21 to $18.02.

Quanex

(NX) - Get Report

climbed 10% after the maker of auto parts and building products lifted its second-quarter earnings guidance. The company now sees earnings from continuing operations of $1.02 to $1.06 a share for the quarter ending this month. Quanex's prior guidance called for earnings of 87 cents to 93 cents a share, while analysts project earnings of 99 cents a share. "The higher guidance is due to better than expected aluminum sheet shipments and improved material spreads at Nichols Aluminum, and higher volumes at MACSTEEL," the company said. Shares were trading up $4.43 to $48.71.

NYSE volume leaders included

Ford

(F) - Get Report

, down 43 cents to $7.52;

Lucent Technologies

(LU)

, down 3 cents to $3.04;

Boston Scientific

(BSX) - Get Report

, up 31 cents to $22.57;

Corning

(GLW) - Get Report

, up 94 cents to $28.91;

General Electric

(GE) - Get Report

, up 1 cent to $34.13;

EMC

(EMC)

, down 14 cents to $13.73;

Pfizer

(PFE) - Get Report

, down 4 cents to $24.91; and

Nokia

(NOK) - Get Report

, up 32 cents to $23.13.

Nasdaq

volume leaders included

Dell

(DELL) - Get Report

, down 90 cents to $27.34;

Intel

(INTC) - Get Report

, down 24 cents to $19.21;

Sun Microsystems

(SUNW) - Get Report

, down 1 cent to $5.03;

Microsoft

(MSFT) - Get Report

, up 15 cents to $27.18;

Conexant Systems

(CNXT) - Get Report

, down 8 cents to $3.68;

eBay

(EBAY) - Get Report

, down $1.65 to $35.12;

Broadcom

(BRCM)

, down $1.75 to $44.02;

Cisco

(CSCO) - Get Report

, down 28 cents to $20.75; and

Oracle

(ORCL) - Get Report

, up 16 cents to $14.31.